INQUIRER PHOTO / GRIG C. MONTEGRANDE
MANILA, Philippines — The Philippines’ credit fundamentals remain resilient as the economy is expected to regain momentum in 2027, prompting Japan-based credit watcher Rating and Investment Information Inc. (R&I) to affirm its “A-” investment-grade rating with a stable outlook.
In its latest rating action on Friday, R&I said its affirmation comes as the country’s economic expansion is expected to continue despite disruptions from corruption issues and the energy shock.
READ: ‘A’ credit rating dream stalled: S&P outlook on Philippines lowered to ‘stable’ from ‘positive’
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